"Sam has asked me to address one point and I am going to address that with you," Hurd's attorney, Brett Greenfield, told reporters today after a court hearing. "With respect to the rumors that Sam has been supplying drugs to other members of the NFL - out of respect to the NFL, out of respect to his teammates, and out of respect to other players - he 100 percent denies that allegation. It is patently and totally false."

The Bears cut Hurd today as a court approved his release on $100,000 bond.

Hurd faces trial in Texas on federal drug charges originating in that state over allegations he attempted to purchase more than a pound of cocaine from an undercover agent. He is alleged to be one of the top drug dealers in the Chicago area.

Police were also reportedly in possession of a list of NFL players who Hurd allegedly supplied with illegal drugs.

"Sam intends to fight these charges, and we intend to defend him fully. We have complete confidence in him," said prominent attorney David Kenner, who successfully defended rapper Snoop Dogg against a murder charge.

According to the criminal complaint, Hurd, 26, met with an undercover agent at Morton's restaurant in Rosemont, Ill., and told the agent that he was interested in buying five to 10 kilograms of cocaine and 1,000 pounds of marijuana weekly to distribute across the Chicago area. As the agent and Hurd dined on $300 worth of filet mignon, the wide receiver allegedly said that he and another person were already distributing approximately four kilos of cocaine weekly in Chicago, but needed a new supplier that could meet their demand.

Hurd allegedly told the agent that while his partner handled most of their drug deals, he was responsible for the "higher-end deals."

Kathy Colvin, spokeswoman for U.S. attorney in Dallas, told ABC News that she "cannot confirm or deny" allegations that Hurd sold drugs to other NFL players, but she pointed out that such charges are not in the criminal complaint.

According to the charges, Hurd left the meeting with the undercover officer after he agreed to pay $25,000 for each kilo of cocaine and $450 per pound of marijuana. He said that he could pay for a kilo of cocaine after "he gets out of practice."

He then walked out of the restaurant with the package and was arrested by Immigration and Customs Enforcement agents.

Hurd, who spent five seasons with the Dallas Cowboys and signed with the Bears on July 29, was first identified as a potential drug dealer this July when an informant tipped off authorities as the NFL lockout was coming to a close.

Bears Coach Lovie Smith said he was disappointed by the arrest, and called it a "total surprise."

Hurd was signed to a three-year deal with the Bears for a reported $5.15 million, including a $1.35 million signing bonus and base pay this season of $685,000, The AP reported.

ABC News' Chris Bury, James Hill and Michael S. James contributed to this report.